A company purchased a computer that cost $$10,000.$ It had an estimated service life of five years and no residual value. The computer was depreciated by the straight$-$line method and was sold at the end of the fourth year of use for $$3,000$ cash. The company should record:

$$ A gain of $$1,000$

A loss of $$1,000.$

Neither a gain nor a loss$-$the gain that occurred in this case would not be recognized.

Neither a gain nor a loss$-$the computer was sold at its book value.